Is There Too Much Profit in Healthcare to Help Patients?

Richard A Meyer
2 min readJun 17, 2024

The intersection of profit and patient care in the healthcare industry has become contentious in recent years. For healthcare workers, balancing running a financially viable institution and providing affordable care is a daily challenge. Let’s delve into whether the pursuit of profit in healthcare has overshadowed our primary mission: helping patients afford the treatments they need.

The Current Landscape

For example, the healthcare industry in the United States is a massive economic sector. In 2020, healthcare spending reached nearly $4 trillion, accounting for 19.7% of the nation’s Gross Domestic Product (GDP). Major players in this industry, including pharmaceutical companies, insurance providers, and hospital systems, have reported substantial profits. This financial growth has raised critical questions about the allocation of resources and the ethical implications of profit-driven healthcare.

Profit and Patient Affordability: The Core Issues

The Ethical Dilemma: Profit vs. Patient Care

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Richard A Meyer

Marketing and Political thought leader — Writer- Audiophile